Floor & Decor Target of Unusually High Options Trading (NYSE:FND)

Floor & Decor Holdings, Inc. (NYSE:FND) saw some unusual options trading activity on Monday. Traders bought 10,019 put options on the stock. This is an increase of 209% compared to the typical daily volume of 3,246 put options.

Institutional Trading of Floor & Decor

Several institutional investors have recently bought and sold shares of FND. Advisory Services Network LLC purchased a new stake in shares of Floor & Decor in the third quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. lifted its position in shares of Floor & Decor by 207.6% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 366 shares of the company’s stock valued at $27,000 after buying an additional 247 shares in the last quarter. Clearstead Advisors LLC lifted its position in shares of Floor & Decor by 215.7% during the 4th quarter. Clearstead Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 384 shares in the last quarter. Los Angeles Capital Management LLC acquired a new stake in Floor & Decor in the 4th quarter valued at $34,000. Finally, eCIO Inc. acquired a new stake in Floor & Decor in the 4th quarter valued at $41,000.

Floor & Decor Stock Up 4.7%

FND stock opened at $52.44 on Tuesday. Floor & Decor has a one year low of $49.89 and a one year high of $92.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.34 and a current ratio of 1.33. The firm’s fifty day moving average is $66.70 and its 200 day moving average is $67.99. The firm has a market cap of $5.66 billion, a PE ratio of 27.31, a P/E/G ratio of 1.70 and a beta of 1.72.

Floor & Decor (NYSE:FND) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.36 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.01. Floor & Decor had a net margin of 4.45% and a return on equity of 8.99%. The business had revenue of $1.13 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same quarter in the prior year, the firm posted $0.44 earnings per share. The company’s revenue was up 2.0% compared to the same quarter last year. Floor & Decor has set its FY 2026 guidance at 1.980-2.180 EPS. On average, research analysts forecast that Floor & Decor will post 2 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Mizuho reduced their price objective on Floor & Decor from $76.00 to $72.00 and set a “neutral” rating for the company in a research note on Friday, February 20th. Morgan Stanley lowered their target price on Floor & Decor from $90.00 to $88.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 15th. JPMorgan Chase & Co. dropped their target price on Floor & Decor from $85.00 to $78.00 and set a “neutral” rating on the stock in a report on Friday, February 20th. Zacks Research upgraded Floor & Decor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 25th. Finally, Piper Sandler reissued an “overweight” rating and issued a $80.00 price target on shares of Floor & Decor in a report on Friday, February 20th. Six equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $78.24.

Floor & Decor Company Profile

Founded in 2000 and headquartered in Atlanta, Floor & Decor Holdings Inc is a specialty retailer focused on hard surface flooring and related accessories in the United States. The company serves both professional installers and do-it-yourself customers through a growing network of warehouse-format stores and a comprehensive e-commerce platform.

Floor & Decor’s product offering spans ceramic and porcelain tile, engineered and solid hardwood, laminate, luxury vinyl plank and tile, natural stone and a full suite of installation materials such as grout, mortars and underlayment.